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City of Boulder has intensively developed in recent years. The <br />City is now very close to an agreement with the Conservation <br />Board under which the City would contribute a number of senior <br />water rights for instream use which, along with the Berkeley <br />Ditch right, would bring the instream flows through town up to 15 <br />cfs. The agreement is more complicated than the Berkeley Ditch <br />agreement, and will give the City the initial responsibility for <br />calling the contributed water rights for instream use as an agent <br />of the Conservation Board.8 The City's contributed water rights <br />will also complement the Conservation Board's original <br />appropriation for 15 cfs in the urban reaches of Boulder Creek. <br />The Boulder Creek agreement will be a good example of how <br />municipalities can cooperate with the Conservation Board and <br />still have a meaningful and active role in the management of <br />instream water rights inside their boundaries. <br />III. Natural Lake Water Rights for the Mexican Cut Preserve. <br />The natural lake water rights at the Conservancy's Mexican <br />Cut Preserve near the headwaters of the Crystal River is an <br />example of a fairly unique contractual arrangement with the <br />Conservation Board which preceded S.B. 91 and S.B. 212. The <br />Mexican Cut Preserve consists of a number of mining claims <br />8 A very recent draft of this proposed agreement is <br />discussed by Bill McDonald in his March 15, 1990 memorandum to <br />the Colorado Water Conservation Board. <br />8